Portfolio

FTSE 250 movers: Funding Circle drops; Plus500 gives back some gains

By Michele Maatouk

Date: Friday 16 Aug 2019

FTSE 250 movers: Funding Circle drops; Plus500 gives back some gains

(Sharecast News) - London's FTSE 250 was up 0.7% to 18,767.31 in afternoon trade on Friday, bouncing back from the previous day's losses.
Lending platform Funding Circle was under pressure even as it said that it had lent more than $10bn to small businesses globally through its platform.

"Achieving this milestone in less than a decade, Funding Circle has proven that its model has become the preferred option for small business funding that fuels economic growth ⁠- with every $1 lent to a small business through Funding Circle in 2018 contributing $2 to GDP, according to Oxford Economics," the company said.

Elsewhere, online trading platform Plus500 was also in the red following strong gains on Thursday after its chief executive, chief financial officer and other directors snapped up shares in the company.

FTSE 250 - Risers

Bakkavor Group (BAKK) 97.70p 4.72%
CYBG (CYBG) 138.65p 4.48%
Marshalls (MSLH) 642.50p 4.22%
Future (FUTR) 1,002.50p 4.10%
Cineworld Group (CINE) 219.10p 3.35%
Galliford Try (GFRD) 551.50p 3.08%
Metro Bank (MTRO) 276.59p 2.59%
Elementis (ELM) 136.70p 2.55%
Clarkson (CKN) 2,415.00p 2.55%
Kaz Minerals (KAZ) 429.77p 2.55%

FTSE 250 - Fallers

Funding Circle Holdings (FCH) 107.40p -6.12%
Plus500 Ltd (DI) (PLUS) 692.00p -4.42%
Hochschild Mining (HOC) 206.80p -3.99%
Intu Properties (INTU) 37.31p -3.96%
Riverstone Energy Limited (RSE) 655.00p -3.96%
Apax Global Alpha Limited (APAX) 150.00p -3.85%
Ferrexpo (FXPO) 209.90p -3.14%
Coats Group (COA) 71.55p -2.65%
Amigo Holdings (AMGO) 145.60p -2.54%
Hilton Food Group (HFG) 931.00p -2.41%

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